InkyGrip

InkyGrip

At present, the price of SUIUSDT is positioned at a critical juncture, testing the waters of its dynamic daily resistance. This level is not fixed, but rather adapts to the prevailing market conditions, making it an insightful indicator of the pair's short-term trend. Traders and investors are keenly aware that this dynamic resistance often serves as a formidable...

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USDCAD on the 4h chart after the test of the 1.31500 creates an impulse to the 1.3400 area. The prices now testing a minor resistance and in the pre- market hours we see a test of the 50% level of the previous leg. According to Plancton's strategy IF the market will break above we can look for a nice long order.

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In the FILUSDT market, we are observing the formation of a falling wedge pattern on the daily timeframe, with the lower boundary of this pattern currently at the $2.740 level. The falling wedge pattern typically signifies a period of consolidation and decreasing volatility within the market. Traders often pay close attention to such patterns, as they can provide...

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New Liquidity from $0.1681: The current market situation involves GMTUSDT attracting fresh liquidity from the $0.1681 price level. Liquidity often gathers at specific price points and can influence price movements. Breakout Target: $0.1858 Area: According to the analysis, for a potential long trade, the price needs to establish a clear breakout above the $0.1858...

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GBPUSD on the 4h chart after the false break out of the weekly structure at the 1.26600 is trading below a minor resistance. The price is testing the 1.27400 and a possible break can be seen. According to Plancton's strategy if the price will move over that level we can look for a nice long order.

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XRPUSDT is currently testing the daily support following a significant price surge triggered by news related to the SEC. Presently, the market is examining the lower trendline of a previous ascending channel. If the price ends up falling below the $0.5 level, it aligns with Plancton's rules, and the subsequent target might be the $0.4 level. ––––– Follow the...

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Support Test After Head and Shoulders: The present market condition involves BAKEUSDT testing the support around the $0.1 area following the formation of a clear head and shoulders pattern. This pattern is recognized by three peaks, with the middle peak (the "head") higher than the two surrounding peaks (the "shoulders"). It typically suggests a potential trend...

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A pennant is a technical chart pattern that forms after a strong price movement and indicates a period of consolidation before the price continues in the same direction as the prior trend. It resembles a small symmetrical triangle, where the two trendlines converge towards each other. A pennant is usually a short-term continuation pattern and can be either bullish...

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Inside a Descending Channel: The current market situation involves ATOMUSDT being confined within a descending channel pattern. This pattern comprises two parallel trendlines: one functioning as resistance and the other as support. It suggests a potential continuation of the ongoing downtrend. Potential Liquidity Grab at $9 Resistance: The analysis suggests the...

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GBPJPY on the 4h chart after the test of the 0.382 Fibonacci level is trading below the 187 area. According to Plancton's strategy IF the price will break above we can consider a nice long order for a bullish continuation.

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GBPJPY on the 4h chart is creating a new high. After the test of the 180 level, the price started a steady bullish move to the upside without any retracement. For this reason, our bias remains long and we can expect two possible scenarios. The first one sees a break of the current level and a continuation to the upside; in the other one, we can see a retracement...

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In the DOTUSDT trading pair, there's a potential scenario unfolding where the price is likely to revisit the 0.618 Fibonacci retracement level before initiating another bearish movement, ultimately targeting the daily support level at $4.24. Adhering to Plancton's trading principles, this suggests the opportunity for a new short position. The DOTUSDT market is...

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GBPCHF on. the 4h chart is testing the 1.12500. The price on the daily chart after the test of the 1.10500 started an uptrend move and is currently pushing in the Asian session for a break above the daily resistance. According to Plancton's strategy IF the price during the EU/US session will break above we can consider a nice long order.

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The current price action of LTCUSDT indicates an interesting development based on Plancton's Rules. After experiencing a false breakout above the 106$ weekly resistance level, LTCUSDT is now testing a significant support level around the 90$ area. This support level has demonstrated its importance in the past, acting as a crucial point where buyers have stepped...

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The price of KAVAUSDT is currently in a critical technical situation with regards to its support levels: Dynamic Daily Support: The price is currently testing the dynamic daily support level around the $0.84 area. A dynamic support level is often associated with a moving average or a trendline that reacts to recent price action. Testing this level indicates that...

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Falling Wedge Formation : The price of WOOUSDT is currently trading within a falling wedge pattern on the 4-hour timeframe. A falling wedge is a technical chart pattern characterized by converging trendlines that slope downward. This pattern often indicates a potential reversal from a downtrend to an uptrend. Plancton's Rules Application: As per your analysis...

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Testing Daily Resistance: The current market situation involves RNDRUSDT testing a resistance level on the daily timeframe. Resistance levels are historical price levels where selling interest has previously emerged, potentially hindering the price from rising further. Anticipating a New Bearish Impulse: The analysis suggests an expectation of a new bearish...

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EURUSD on the 4h chart after the break of the 1.09 level continues the lower high lower low move. The price is now testing the 1.08800 and a break below it will possibly mean a test of the lower support at 1.08200. According to Plancton's strategy IF the market will break. below we can consider a short-term order.